About Waymap
Waymap is a company based in London (United Kingdom) founded in 2017 by Tom Pey.. Waymap has raised $8.87 million across 1 funding round from investors including TELUS, Venrex and Comprador Holdings. Waymap offers products and services including Waymap App. Waymap operates in a competitive market with competitors including TomTom, NavInfo, MapsPeople, NNG and T Map Mobility, among others.
- Headquarter London, United Kingdom
- Founders Tom Pey
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Sectors
Industrial Goods & ManufacturingTechnology Travel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Waymap Limited
- Date of Incorporation 07 Nov, 2017
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.87 M (USD)
in 1 rounds
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Latest Funding Round
$8.87 M (USD), Seed
Apr 09, 2024
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Investors
TELUS
& 2 more
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Employee Count
Employee Count
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Products & Services of Waymap
Waymap offers a comprehensive portfolio of products and services, including Waymap App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Audio-based app for precise indoor and outdoor navigation without signals.
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Funding Insights of Waymap
Waymap has successfully raised a total of $8.87M through 1 strategic funding round. The most recent funding activity was a Seed round of $8.87 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $8.9M
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First Round
First Round
(09 Apr 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Waymap | Valuation | Telus |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Waymap
Waymap has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include TELUS, Venrex and Comprador Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Consumer sector investments are managed by Venrex venture capital firm.
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Integrated telecom and IPTV services are provided to Canadian customers.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Waymap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Waymap
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Waymap Comparisons
Competitors of Waymap
Waymap operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TomTom, NavInfo, MapsPeople, NNG and T Map Mobility, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-based navigation and location mapping solutions are developed.
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| domain | founded_year | HQ Location |
Digital maps, telematics, and dynamic traffic information solutions are provided.
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| domain | founded_year | HQ Location |
Indoor navigational platform is provided through API mapping tools.
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| domain | founded_year | HQ Location |
White-label connected car navigation and infotainment solutions are provided.
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| domain | founded_year | HQ Location |
Map applications for transportation location management are provided.
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| domain | founded_year | HQ Location |
Provides precision positioning systems for infrastructure and farming sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Waymap
Frequently Asked Questions about Waymap
When was Waymap founded?
Waymap was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Where is Waymap located?
Waymap is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Waymap?
Tom Pey is the current CEO of Waymap. They have also founded this company.
Is Waymap a funded company?
Waymap is a funded company, having raised a total of $8.87M across 1 funding round to date. The company's 1st funding round was a Seed of $8.87M, raised on Apr 09, 2024.
What does Waymap do?
Waymap was founded in 2017 in London, United Kingdom, and operates in the navigation technology sector. An app is provided for indoor and outdoor guidance, primarily assisting visually impaired users through dead-reckoning methods. Movement, direction, and elevation are tracked using smartphone sensors including magnetometers, accelerometers, and barometers. Services focus on accessibility without reliance on GPS signals.
Who are the top competitors of Waymap?
Waymap's top competitors include TomTom, MapsPeople and NavInfo.
What products or services does Waymap offer?
Waymap offers Waymap App.
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